25. At December 31, 2018, Mona Company had 520,000 shares of common stock issued and outstanding, 500,000 of which had been issued and outstanding throughout the year and 20,000 of which were issued on October 1, 2018. Net income for the year ended December 31, 2018, was $2,000,000. The preferred dividend of $10,000 was not paid. What should be Hancock's 2018 earnings per common share, rounded to the nearest penny? a. $4.00 b. $3.96 c. $3.58 d. None of the above